QRG Capital Management Inc. Takes Position in Amentum Holdings, Inc. (NYSE:AMTM)

QRG Capital Management Inc. purchased a new position in Amentum Holdings, Inc. (NYSE:AMTM) in the third quarter, HoldingsChannel reports. The fund purchased 41,773 shares of the company’s stock, valued at approximately $1,347,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Dover Advisors LLC bought a new stake in shares of Amentum in the 3rd quarter worth about $219,000. McKinley Carter Wealth Services Inc. acquired a new position in Amentum in the third quarter worth about $1,764,000. Heritage Family Offices LLP bought a new stake in Amentum in the third quarter valued at about $308,000. ZWJ Investment Counsel Inc. acquired a new stake in Amentum during the third quarter valued at approximately $2,256,000. Finally, Compass Wealth Management LLC bought a new position in Amentum during the 3rd quarter worth approximately $804,000.

Amentum Stock Up 5.0 %

Amentum stock opened at $33.42 on Friday. Amentum Holdings, Inc. has a 1 year low of $23.58 and a 1 year high of $34.50.

Analysts Set New Price Targets

Separately, Truist Financial began coverage on Amentum in a research report on Monday, October 14th. They set a “buy” rating and a $31.00 price target on the stock.

Amentum Profile

Amentum Holdings, Inc provides engineering and technology solutions to address challenges in science, security, and sustainability. It serves various markets, such as energy and environment, space, intelligence, defense, civilian, commercial, and international markets. The company was incorporated in 2010 and is headquatered in Chantilly, Virginia.